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Vimal K

28th Aug · SEBI-Registered Analyst

Post closing Bank Nifty Ananlysis

As per our Bank Nifty Ananlysis given the overall trend of Bank Nifty was weak. Bank nifty broke its support 1 of 54780 and Support 2 - 54885 with in the first 15 minutes after the market opened confirming more weakness. During the later part of the day we can see there was strong selling pressure whenever Bank Nifty tried moving above the support levels. we can see a break down below the support levels at a 15 minutes chart at the close of 11:45 candle after couple of inside candles. Refer chart for better understanding . Happy Learning and Trading. Top Gainers :

AXISBANK
Top Losers :
AUBANK
ICICIBANK
CANBK

#TechnicalViews#Post-ClosingCommentary#IndexStrategies#WatchOutFor#Today’sTradingSetup
Bank Nifty Post Market.png